M/I Homes Q3 Adj. EPS $2.70 Misses $3.35 Estimate, Sales $1.076B Miss $1.109B Estimate

M/I Homes (NYSE:MHO) reported Q3 adjusted earnings per share of $2.70, falling short of the $3.35 estimate by 19.4%, and down 34.62% from $4.13 in the same quarter last year. The company's quarterly sales were $1.076 billion, missing the $1.109 billion estimate by 2.96% and representing a 4.95% decrease from $1.132 billion in the prior year.